To The Moon

$NextEra Energy Partners LP(NEP)$ stock was heavily beaten down after their earnings release where it reported a negative Net Income of -$40 million for 3Q24, which is a 175% drop from 3Q23. Their EPS was also reported in the negative at -$0.43, a 191% decline compared to 3Q23. These are very alarming numbers, and many investors likely rushed to sell their holdings without hesitation. It is important to note the discussion in the article below published previously, which covers the reliability of Net Earnings and EPS numbers specifically in the case of $NextEra Energy Partners LP(NEP)$ . Is NEP lying about its EPS numbers? By analyzing

$Northwest Bancshares(NWBI)$ , founded in 1896, is a full-service financial institution. They offer business and personal banking products, employee benefits, and wealth management services.  As of September 30, 2025, Northwest operated 151 full-service financial centers and ten free-standing drive-up facilities in Pennsylvania, New York, Ohio, and Indiana. The bank has approximately 60% of its total outstanding loans distributed across around 30 property types, resulting in a diverse portfolio that helps it avoid industry concentration issues. Income Statement  The bank's EPS (Earnings Per Share) was $0.61 for the year ended September 2025. So far, it has distributed $0.60 in dividends, representing a 98.36% payout ratio.  Total in

$XPLR Infrastructure, LP(XIFR)$ Founded in 2014, XPLR Infrastructure, LP (a wholly owned indirect subsidiary of $NEE$) is a limited partnership that owns clean energy infrastructure assets, with a focus on contracted renewable energy projects, including wind, solar, and battery storage projects, which generate long-term, stable cash flows. As of June 30, 2025, the average duration of contracted Power Purchase Agreements (PPAs) is 12 years. The existing assets' useful life is ~23 years. They have roughly 10 GW of operational assets situated across 31 US states, comprising 8 GW of wind, 1.8 GW of solar, and 0.2 GW of storage. Additionally, 72% of their portfolio is concentrated in the West and South. They are the 3rd largest producer of wind and sol

$XPLR Infrastructure, LP(XIFR)$ Founded in 2014, XPLR Infrastructure, LP (a wholly owned indirect subsidiary of $NextEra(NEE)$ ) is a limited partnership that owns clean energy infrastructure assets, with a focus on contracted renewable energy projects, including wind, solar, and battery storage projects, which generate long-term, stable cash flows. As of March 31, 2025, the average duration of contracted Power Purchase Agreements (PPAs) is 13 years. Within their asset portfolio, 73% have an estimated useful life of about 25 years. They have roughly 10 GW of operational assets situated across 31 US states, comprising 8 GW of wind, 1.8 GW of solar, and 0.2 GW of storage. Additionally, 71% of their portfolio

$Northwest Bancshares(NWBI)$ Northwest's performance has been quite strong compared to 2024. Total net income saw a significant increase due to higher yields on interest-earning assets and a large non-accrual interest recovery in the first quarter of 2025, which added approximately $9.4 million in after-tax income. What also helped boost net income was the lower expenses due to a decline in the average balance of borrowings and a higher cost of brokered CDs (Certificates of Deposit). It's important to note that during the first six months ending June 30, 2024, the bank sold investments at a loss to reinvest the proceeds into those higher-yielding assets, which are now generating returns. The increase in provision for credit losses was due to a dow

$Northwest Bancshares(NWBI)$ Income Statement Total income increased due to the recent shift in the loan mix to higher-yielding commercial loans, which was also boosted by a one-time pay-off of $13.1 million from a borrower who had stopped paying interest (non-accrual). Total expenses saw a slight decrease caused by lower borrowed funds (they ended up paying less interest on the remaining borrowings), and reduced the use of higher-cost brokered CDs (certificates of deposit), which is another source of funding for the bank but an expensive one. The provision for credit losses has increased because expectations for future loan losses are significantly higher compared to the same quarter last year. This is mainly due to the growth of their commercial

$Verizon(VZ)$  Overall, Verizon has delivered a strong quarter again, but some numbers require close attention! Consolidated numbers Operating Revenue increased by $1.7 billion, primarily driven by growth in Wireless Equipment Revenue (up by $1.22 billion or 24.54%). The increase in net income and EBITDA was primarily attributed to higher operating revenue. However, this growth was partially offset by a $1.3 billion rise in operating expenses, which was mainly driven by the costs associated with a larger volume of wireless equipment sold. This increase in expenses was due to device upgrades and a shift towards higher-priced devices. The Total Wireless Revenue increased by $1.85 billion, driven by the $1.22 billion increase in Wireless Equipment

$Verizon(VZ)$  Consolidated numbers Quarter over Quarter Operating revenue decreased by 6.15%, largely due to a drop in wireless equipment revenue, which fell by $2.19 billion (this type of revenue refers to earnings from the sale of physical devices and accessories). It's important to note that comparing these earnings with the previous quarter can be misleading, as that quarter included additional revenue generated from the end-of-year holidays. Net income was impacted, but not as significantly, experiencing a decrease of 2.56%. This decline was counterbalanced by a reduction of $2.7 billion in operating expenses. You might be wondering why net income wasn’t higher, given that the decrease in operating expenses ($2.7B) was much larger than th

Consolidated numbers $Verizon(VZ)$ Earnings per Share (EPS) were at $1.19 compared to the $(0.64) loss in 4Q23. It is important to note that there was a 5.8 billion goodwill impairment charge that impacted their numbers in 4Q23. Quarter over quarter (QoQ), their EPS increased by 52% from $0.78, primarily driven by higher earnings in wireless equipment revenues due to increased upgrade volumes, along with an increase in their Other Income category (by 1006% to $797 million, yes you read that right) resulting from a revaluation of their pension and OPEB liabilities, making their future obligations less costly now. Verizon reported an EBITDA of $12.7 billion, an increase of 21% QoQ, due to Wireless service revenue growth and a higher provision for inco

$Northwest Bancshares(NWBI)$ released its 4Q24 numbers, which look mostly stable compared to 3Q24. Growth continued to be muted by its conservative approach of reinvesting cash flows from its personal banking portfolio into its commercial banking portfolio. Average loans receivable was at $11.2 billion, dropped by 0.2% Average deposits were at $12.02 billion, dropped by 0.6% Average borrowed funds were at $222 million, increased by 0.8% (the first increase in the last 12 months) Net income was $32.75 billion, dropped by 2.6% The biggest change was in the Provision for Credit Losses which saw an increase of 239% from $4.8 million to $16.5 million, mostly due to steps taken to clean up risky loans to improve their loan book quality going forward and

As predicted in my last article, the dividend cut has severely punished $XPLR Infrastructure, LP(XIFR)$ (previously $NextEra Energy Partners LP(NEP)$) share prices. They announced an indefinite 100% cut in dividend distributions, and the prices dropped by a whopping 48%. Since the last all-time high, the total losses have amounted to ~87% trading price as of the publishing date of this article. This article will be a wild ride since there is a LOT to cover about their 4Q24 report, so grab your popcorn! Name Change & Corporate Reorganization Let’s start with the elephant in the room, NextEra Energy Partners has rebranded to XPLR In